FOREX-Dollar surges on funding crunch as virus roils global equities . Posted by: Equities News Editor in Equities March 23, 2020. Against the antipodeans, the greenback rose toward a 17-year high ... The greenback closed in on multi-year highs against the Australian AUD=D3 and New Zealand NZD=D3 dollars. Against the yen, the currency rose 0.11% to 110.92. Investors have been liquidating positions in safe-havens and other riskier investments to keep their money in dollars due to the uncertainty caused by the epidemic. Forex Crunch has not verified the accuracy or basis-in-fact of any claim or statement made by any independent author: Omissions and errors may occur. Any news, analysis, opinion, price quote or any other information contained on Forex Crunch and permitted re-published content should be taken as general market commentary. This is by no means investment advice. Forex Crunch will not accept ... With the current risk-averse trading environment, it will be surprising if the Australian dollar will be able to keep its winning streak for long, and analysts are bearish on the currency. Forex Crunch issued a bearish forecast for AUD/USD and said: With the CORVID-19 crisis still in full gear, financial markets remain volatile. Minor ... Any news, analysis, opinion, price quote or any other information contained on Forex Crunch and permitted re-published content should be taken as general market commentary. This is by no means investment advice. Forex Crunch will not accept liability for any damage, loss, including without limitation to, any profit or loss, which may either arise directly or indirectly from use of such ... OFX provides international money transfer services to private clients and business customers. Use our free currency converter, exchange rate charts, economic calendar, in-depth currency news and updates and benefit from competitive exchange rates and outstanding customer service. OFX is regulated in Australia by ASIC (AFS Licence number 226 484). As for analysts’ outlook, Forex Crunch was neutral on AUD/USD, saying: The US dollar has been under attack, but at some point we will likely see the greenback rebound due to profit-taking. Australian numbers have not been particularly strong, but investors are also worried about the deadlock in Congress over a massive fiscal stimulus package.
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